Search Results for: issuance

Paxos Will Halt Minting New BUSD Tokens
Blockchain News

Paxos Will Halt Minting New BUSD Tokens

Fintech News Desk
by Fintech News Desk0
Existing Tokens Remain Fully-Backed and Redeemable Through Paxos Trust Company Through At Least February 2024 Paxos, the leading regulated blockchain and tokenization infrastructure platform, announced it will end its relationship with Binance for the branded stablecoin BUSD. Effective February 21, Paxos will cease issuance of new BUSD tokens as directed by and......
Taurus Raises USD 65 Million to Further Develop Its Digital Asset Platform and Fuel International Expansion
Digital Asset Management Investment Services News

Taurus Raises USD 65 Million to Further Develop Its Digital Asset Platform and Fuel International Expansion

Fintech News Desk
by Fintech News Desk0
Series B led by Credit Suisse includes participation from three other major financial institutions, Deutsche Bank, Pictet Group and Arab Bank Switzerland, as well as stock-listed real-estate group Investis Taurus SA, the leading digital asset infrastructure provider for financial institutions in Europe, is pleased to announce a USD 65 million Series B......
Banking Featured Fintech Primers Technology

The New Digital Mobile Banking Sphere

Pooja Choudhary
by Pooja Choudhary0
The Coronavirus pandemic was a phenomenal impetus for digital banking across the globe. With many branches briefly shut down and most physical interactions minimized, the retail bank consumers in the US had no real option except to embrace these self-service channels more than before. Almost every bank saw a spike......
B2B Investments Markets News

Aurox Launches Crowdfunding Campaign On tZERO Markets Platform

Fintech News Desk
by Fintech News Desk0
tZERO, a financial technology company providing transformative market-based solutions for companies, entrepreneurs, and retail & institutional investors, announced today the launch of Aurox’s crowdfunding campaign on the tZERO Markets platform. Aurox, a cryptocurrency DeFi-focused software development company, is seeking to raise capital from the public to continue product development and......
MNT-Halan Attracts $400 Million in Largest Funding in Egypt and the Middle East in the Past 12 Months
Finance Fintech Funding News

MNT-Halan Attracts $400 Million in Largest Funding in Egypt and the Middle East in the Past 12 Months

Fintech News Desk
by Fintech News Desk0
Company is in advanced stages to close additional $60 million of primary capital from international investors MNT-Halan, Egypt’s leading and fastest growing fintech ecosystem, announced that Chimera Abu Dhabi has invested more than $200 million in equity in exchange for over 20% of the company. In addition, the company is......
Blockstream Raises USD $125 Million to Expand Mining Operations
Blockchain News

Blockstream Raises USD $125 Million to Expand Mining Operations

Fintech News Desk
by Fintech News Desk0
Leading Bitcoin infrastructure firm Blockstream has announced raising USD $125 million in convertible note and secured loan financing to expand its institutional bitcoin mining colocation services. Kingsway Capital led the convertible note, with other investors including Fulgur Ventures. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC,......
OPEC Fund Mobilizes US$1 Billion for Development Finance With Landmark Debut SDG Bond
Capital Markets Finance News

OPEC Fund Mobilizes US$1 Billion for Development Finance With Landmark Debut SDG Bond

Fintech News Desk
by Fintech News Desk0
The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, priced its inaugural benchmark bond issue in the capital markets on Wednesday. The bond was priced using its Sustainable Development Goal (SDG) bond framework on which Credit Agricole CIB acted as sole sustainability advisor. Attracting strong......
Architect Announces $5 Million Funding Round to Develop Trading Infrastructure for Global Digital Asset Markets
Digital Asset Management News

Architect Announces $5 Million Funding Round to Develop Trading Infrastructure for Global Digital Asset Markets

Fintech News Desk
by Fintech News Desk0
Architect Financial Technologies Inc. announced the closing of a $5M pre-product financing round to develop adaptable infrastructure products that enable institutions to trade across centralized and decentralized digital asset markets. Participants in the round include Circle Ventures, Coinbase Ventures, SV Angel, SALT Fund, P2P, Third Kind Venture Capital, and Motivate Venture......
Spec Secures $15M Series A Funding, Accelerating Innovation in Fraud Defense
Digital Wallet News

Marqeta Announces New Web Push Provisioning Product, Expanding Industry-Leading Payment Card Tokenization Capabilities

Fintech News Desk
by Fintech News Desk0
Marqeta’s new product builds on its advanced tokenization capabilities, equipping companies like Bread Financial to unlock new use cases and encourage faster onboarding by empowering cardholders to instantly tokenize a card into a mobile wallet without downloading a third-party application Marqeta, the global modern card issuing platform, announced its new......
Regions Bank and Regions Foundation Announce Tornado Recovery Plan
Banking News

Regions Bank and Regions Foundation Announce Tornado Recovery Plan

Fintech News Desk
by Fintech News Desk0
Foundation grants to support community recovery in Alabama; bank services and volunteerism organized to help people impacted by recent storms Regions Bank and the Regions Foundation on Thursday announced a comprehensive tornado relief plan aimed at supporting communities that were impacted by a series of tornadoes on Jan. 12. .@RegionsBank and......
1